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Non-Tech : AMERITRADE HLD A (NASDAQ:AMTD) -- Ignore unavailable to you. Want to Upgrade?

To: AugustWest who wrote (482)	11/20/1998 12:45:00 AM
From: Gil Gilbertson	Read Replies (2) \| Respond to of 1848

What? No mention of the new alliance with Deutsch Bank, one of the biggest in Germany? Now Amtd customers can trade European stocks as well by direct internet access as soon as it is closed. Apparently some of you have short memories. A couple of years ago AOL was having all kinds of trouble, it was growing so fast it couldnt handle the traffice. However, what most people missed was the fact they were adding market share like mad and the reason for the delays was equipment for sure, but only because of the unbelievable demand for their service. Well, it was about that time that Billionaire Paul Allen sold out his 30% for about 29 bucks. Then , lo and behold, they solved the tech problems and to the satisfaction of all the critics quit harping, but the investors have made a fortune. The name of the game on the net is to get as much market share as you can because in a couple of years it will all be over but the shouting. Ricketts of Ameritrade knows this,and he will solve the tech problems, but he is adding new accounts as fast as he can. I am not an employee, but a substantial investor who missed the boat on AOL because I thought their service would preclude them from ever becoming a good investment. I dont have to learn twice.. good luck..My guess is that these early online companies will be bought out at a nice profit by the big international bankers who want access to people with money and dont care much about charging large commissions as long as they can have access to the people with bucks to play with.....Gil